Monthly Archives: <span>June 2006</span>

S.D. Surpreme Court Rules Couple Can Collect from Two Insurance Policies

A couple injured in a crash caused by an uninsured driver can collect from two insurance policies, both their own and the one that covered the vehicle they were riding in, the South Dakota Supreme Court said its ruling. The …

Minn. Hatch Wins Gubernatorial Nod on Third Attempt

The third time proved to be the charm for Mike Hatch, who won the DFL Party’s endorsement for governor this past weekend after two earlier tries at securing party backing in bids for Minnesota’s top office. Hatch, a two-term attorney …

Oxendyne Tells Ga. Big ‘I’: Abolishing Contingency Fees ‘A Mistake’

Abolishing contingency commissions and making them illegal would be a mistake, John Oxendine, Georgia Insurance Commissioner, told more than 800 agents attending the 109th Annual Convention, Trade Show and Young Agents Conference in Amelia Island, Fla. from June 7 to …

CIGNA HealthCare Names S.E. Region V.P.

Bloomfield, Conn.-based CIGNA HealthCare has appointed Michael Muchnicki as regional vice president for the Southeast region. Muchnicki will be based in CIGNA’s offices in Fort Lauderdale and Atlanta. Muchnicki will support the strategic development and execution of business growth opportunities …

Davis Makes Proposals to Fix Florida’s Property Insurance Problems

Windstorm insurance companies would have to cover water damage caused by hurricanes under a proposal Democratic gubernatorial candidate Jim Davis released June 9, part of a multi-pronged proposal to solve the problems facing hurricane insurance customers in Florida. Among the …

Defense Rests in Robeson County, N.C. Murder Trial

The defense in the case of a Wake County man accused of killing his wife for insurance money rested its case in Lumberton, N.C. Thursday without the defendant taking the stand. Attorneys for Myron Britt took an early lunch to …

Judge Orders ‘Rock, Paper, Scissors’ Game to Settle Dispute

A federal judge in Tampa, Fla. miffed at the inability of opposing attorneys to agree on even the slightest details of a lawsuit, ordered them to settle their latest dispute with the hand-gesture game of “rock, paper, scissors.” The argument …

N.H. Gov. Lynch to Sign Premium Tax Cut Legislation

New Hampshire Gov. John Lynch is “inclined” to sign a measure cutting the state’s insurance premium tax in half, according to his communications director. Pamela Walsh told Insurance Journal the governor is supportive, adding he would review the bill when …

Beacon Mutual Seeks 16% Workers Comp Price Drop in R.I.

Beacon Mutual insurance Co., which writes workers compensation for about 90 percent of the businesses in Rhode Island, has filed for a 16 percent reduction in rates to cover its workers compensation loss costs. A company spokesman said that if …

State Commissioners Elect N.H.’s Sevigny to Leadership Post

Members of the National Association of Insurance Commissioners (NAIC) unanimously elected New Hampshire Insurance Commissioner Roger Sevigny as secretary-treasurer of the association. The election was held at NAIC’s summer meeting in Washington. D.C. “I congratulate Commissioner Sevigny on his election …